Inflation in Germany in October, according to the final estimate, accelerated to a record 10.4% in annual terms from 10% a month earlier, follows from a press release from the country’s Federal Statistical Office (Destatis).
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The indicator coincided with the preliminary estimate.
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In October, consumer prices in Germany, according to the final estimate, rose by 0.9%. In September, the growth was 1.9%. The indicator coincided with the preliminary estimate.
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At the same time, consumer prices in the country according to EU standards (harmonized consumer price index), according to the final assessment, accelerated growth to 11.6% in annual terms from 10.9% a month earlier. And in October, prices rose by 1.1% after rising by 2.2% a month earlier. The indicators also coincided with the preliminary estimate.
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At the same time, energy prices rose 43% year-on-year after 43.9% in September, the agency said. And natural gas prices have more than doubled.
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Destatis publishes monthly inflation data with subsequent revisions
